06.02.2013 - Islamic banking assets may surpass $1.8 trln in 2013: Ernst & Young
Islamic banking assets with commercial banks globally grew to USD 1.3 trillion in 2011 and, one potential scenario projects it to reach USD 1.8 trillion in 2013, representing average annual growth of 17 per cent, says a report. According to Ernst & Young's World Islamic Banking Competitiveness Report 2013, Islamic banking assets with commercial banks globally grew to USD 1.3 trillion in 2011, suggesting an average annual growth of 19 per cent over past four years (24 per cent in 2011). The top four markets account for 84 per cent of industry assets...............................................Full Article: Source
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